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Earnings per share
 6 Months Ended
Apr. 30, 2016
Earnings Per Share [Abstract]  
Earnings per share

10.Earnings per share

 

Basic and diluted net income per share is calculated as follows (U.S. dollars in thousands, exept share and per share data):

 

 

 

 

 

 

 

 

 

 

 

Three months ended  April 30,

 

 

    

2016

    

2015

 

Numerator:

 

 

 

 

 

 

 

Net Income attributable to Calavo Growers, Inc.

 

$
9,689

 

$
8,472

 

Denominator:

 

 

 

 

 

 

 

Weighted average shares - Basic

 

 
17,348,144

 

 
17,300,317

 

Effect on dilutive securities – Restricted stock/options

 

 
97,301

 

 
82,462

 

Weighted average shares - Diluted

 

 
17,445,445

 

 
17,382,779

 

Net income per share attributable to Calavo Growers, Inc:

 

 

 

 

 

 

 

Basic

 

$
0.56

 

$
0.49

 

Diluted

 

$
0.56

 

$
0.49

 

 

 

 

 

 

 

 

 

 

 

 

 

Six months ended April 30,

 

 

    

2016

    

2015

 

Numerator:

 

 

 

 

 

 

 

Net Income attributable to Calavo Growers, Inc.

 

$
16,038

 

$
13,771

 

Denominator:

 

 

 

 

 

 

 

Weighted average shares - Basic

 

 
17,335,042

 

 
17,297,686

 

Effect on dilutive securities – Restricted stock/options

 

 
80,376

 

 
45,657

 

Weighted average shares - Diluted

 

 
17,415,418

 

 
17,343,343

 

Net income per share attributable to Calavo Growers, Inc:

 

 

 

 

 

 

 

Basic

 

$
0.93

 

$
0.80

 

Diluted

 

$
0.92

 

$
0.79